VWR INTERNATIONAL, LLC 1310 Goshen Parkway PO Box 2656 West Chester, Pennsylvania 19380
Exhibit 10.5(b)
VWR INTERNATIONAL, LLC
0000 Xxxxxx Xxxxxxx
XX Xxx 0000
Xxxx Xxxxxxx, Xxxxxxxxxxxx 00000
0000 Xxxxxx Xxxxxxx
XX Xxx 0000
Xxxx Xxxxxxx, Xxxxxxxxxxxx 00000
December 18, 2008
Xxxx Xxxxxxxxxxxx
0000 Xxxxxxxx Xxxx
Xxx Xxxx, XX 00000
0000 Xxxxxxxx Xxxx
Xxx Xxxx, XX 00000
Dear Xxxx:
In order to comply with final regulations under §409A of the Internal Revenue Code of 1986, as
amended, the terms of your employment agreement dated June 29, 2007, are hereby revised as follows:
The second and third paragraphs of the section entitled “Severance/Restrictive Covenants”
are revised to read as follows:
If you incur a Disability (as defined on Annex 1), you will be entitled to
receive a lump-sum payment, as soon as practicable following your Disability but in
no event later than March 15 of the calendar year following the calendar year in
which such Disability is incurred, in an amount equal to the target amount of your
bonus for the year in which such Disability is incurred, prorated for the portion of
such year during which you were employed with VWR. In addition, you shall be
entitled to receive payments of your base salary until payments to you under VWR’s
long-term disability plan commence but in any event for a period not to exceed 18
months from the date of your termination of employment.
If your employment with VWR and its affiliates is terminated by reason of your
death, your beneficiary or estate, as applicable, will be entitled to receive a
lump-sum payment as soon as practicable following your death but in no event later
than March 15 of the calendar year following the calendar year in which your death
occurs, in an amount equal to the target amount of your bonus for the year in which
your death occurs, prorated for the portion of such year during which you were
employed with VWR.
If you have any questions, please do not hesitate to call me at (000) 000-0000.
Sincerely,
/s/
Xxxx Xxxxxxxx
Xxxx Xxxxxxxx
Xxxx Xxxxxxxx
Accepted and Agreed:
/s/
Xxxx Xxxxxxxxxxxx |
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| Xxxx Xxxxxxxxxxxx | ||||||
Date: |
12/19/08 | |||||
